World Cup flop to boost cinemas and restaurants June 28, 2010 ENGLAND’S failure to get past the second round of the World Cup will give a welcome boost to cinemas and restaurants, analysts said yesterday. Traditional boozers are set to lose the most income, as fans tend to watch non-England games at home, according to Hugh-Guy Lorriman at Seymour Pierce. He said food-led pubs would be [...]
Board shake-up at Mitchells & Butlers as finance chief quits to join Rentokil June 22, 2010 PUBS and restaurant group Mitchells & Butlers (M&B) has appointed Interserve’s Tim Jones as finance director replacing Jeremy Townsend, who will join Rentokil as chief financial officer at the end of August. Meanwhile, Interserve said Tim Jones, who has handed in his resignation in order to take up the role at M&B, will remain at [...]
Mitchells & Butlers sees profits jump May 19, 2010 PUBS group Mitchells & Butlers has seen a surge in half-year profits. The owner of the All Bar One and O’Neill’s pub chains said pre-tax profits for the six months to 10 April were £73m, up from £47m the year before. Profits were fuelled by increased food sales and improved profit margins. Like-for-like sales for [...]
BORIS OUT FOR A RIDE WITH KELLY BROOK TO LAUNCH BIKE SCHEME August 31, 2010 Boris Johnson’s love affair with two wheels continued yesterday with the launch of his driver-frustrating Sky Ride scheme, where roads are cleared throughout central London to allow cyclists to take in the sights. But The Capitalist can’t help but think bikes weren’t the only thing on the mind of the red-blooded Mayor. Accompanying him on [...]
THREE OTHER RECENT GASTROPUB SUCCESSES May 10, 2010 THE HARWOOD ARMS A collaboration between Brett Graham of the ultra-smart Ledbury restaurant and game specialist Mike Robinson of Berkshire’s much loved Pot Kiln country pub, the Harwood Arms is the possessor of a brand new Michelin star for its elevated version of rustic English grub. Walham Grove, Fulham, SW6 1QP. www.harwoodarms.com THE CANTON ARMS [...]
FOOD & BOOZE NEWS June 7, 2010 THE PHENE SET TO REOPEN It was a sad moment some years ago when The Phene Arms, a picturesque boozer secreted upon a quiet Chelsea backstreet, shut its doors after falling on hard times. It had one of the prettiest beer gardens in London, and George Best was among its most dedicated regulars. The good [...]
FOOD & BOOZE NEWS June 7, 2010 THE PHENE SET TO REOPEN It was a sad moment some years ago when The Phene Arms, a picturesque boozer secreted upon a quiet Chelsea backstreet, shut its doors after falling on hard times. It had one of the prettiest beer gardens in London, and George Best was among its most dedicated regulars. The good [...]
The City boys offering a cut above | City A.M. September 24, 2010 IF YOU can find it in the medieval maze between Lombard Street and Cornhill, tailoring shop Cad & the Dandy is a delightful place to get yourself togged up. It mixes old-fashioned charm – an antique mahogany cutting table, an old leather sofa for those waiting to be measured up, a Union Jack across one [...]
The City boys offering a cut above September 23, 2010 IF YOU can find it in the medieval maze between Lombard Street and Cornhill, tailoring shop Cad & the Dandy is a delightful place to get yourself togged up. It mixes old-fashioned charm – an antique mahogany cutting table, an old leather sofa for those waiting to be measured up, a Union Jack across one [...]
ANALYST VIEWS: IS THERE HOPE FOR THE PUB INDUSTRY? November 26, 2009 JAMES DAWSON CHARLES STANLEY SECURITIES“M&B has echoed the positive news from most of the other players in the market – Capital, Young’s and Fullers – and its result has reinforced this confidence. But the consumer market is quite fickle and until they are sure about the state of their personal wealth then drinkers will still [...]